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Tech giants divert investments in energy due to AI’s large consumption

- Google to use small-sized nuclear reactors to power its generative AI solutions, Microsoft to continue operations at Three Mile Island plant

18.10.2024 General

Türkiye, China sign MoU on natural resources and mining

- Turkish energy and natural resources minister invites Chinese companies to invest in mining while adding economic value through exploration and extraction

16.10.2024 General

Europe risks losing ground to China in net-zero industrial race: Report

- China's rapid rise in clean tech dominance poses significant challenge to Europe’s ambition to lead global net-zero industry transition

14.10.2024 General

Yuan eyes top currency spot in oil trade, experts say replacing dollar will be lengthy

- Experts believe replacing petrodollar will take time while CBDC could give yuan the push to compete with dollar in long term

30.09.2024 Oil Energy Diplomacy

Decline in global oil demand drives Brent prices to three-year lows

- Brent crude oil falls by 3% during week ending Sept.13 due to weak economic data from China, and US by heightening risk perceptions in market

14.09.2024 Oil

China urges US to ‘maintain’ stable climate policies

- Climate cooperation, dialogue crucial to implementing consensus reached between 2 nations' leaders, says Chinese foreign minister

08.09.2024 Electricity

Oil prices to float below $80 in short-term on declining demand

- Oil prices end the week at $78.30, up 2.1%, signaling a recovery trend, although they remain below $80 mark

24.08.2024 Oil

China's natural gas consumption up 8.7% in 1H24

- Annual gas consumption expected to be around 420 to 425 billion cubic meters

25.07.2024 Natural Gas

'Trade dispute' between US and China could lead to changes in global energy trade

- Escalating trade conflict raises global cost of energy transformation, says expert

03.06.2024 Renewable Energy Diplomacy General

China's installed electricity capacity triples since 2011

- Installed capacity exceeds 3,000 gigawatts at end of April

27.05.2024 Electricity

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Türkiye and China ink MOU on energy transition

- With agreement, Türkiye aims to implement concrete projects as soon as possible, Türkiye's energy minister says

21.05.2024 Energy Diplomacy

Qatar signs $6 billion LNG vessel supply agreement with China

- Under agreement, Qatar will supply 18 Chinese-made LNG vessels to Qatar

30.04.2024 Lng/Lpg Invesments General

China discovers over 100 million tonne oil field in Bohai Sea

Daily crude oil output of single well is estimated to be about 110 tonnes, according to CNOOC's assessment

19.03.2024 Oil

China's hegemony in rare earth market threatens open price structure

- Trade wars prevent formation of stable market and transparent pricing mechanism for rare earths, founder of Turkish Critical Minerals Initiative says

11.03.2024 analysis

China discovers 100 million tons of oil reserve in South China Sea

- Exploratory well produces an average of approx. 7,680 barrels of crude oil and 0.52 million cubic feet of natural gas per day

08.03.2024 Oil

Russia and China plan to place a nuclear power unit on the moon

- The unit will be constructed using robotic technology

06.03.2024 Nuclear

Renewables responsible for majority of China’s installed electricity additions in 2023

- Renewable generation technologies and government’s investment policies become driving force for local investments and global exports of these technologies and equipment

02.02.2024 Electricity Renewable

China's electricity consumption increases 6.7% in 2023

- Renewable energy sources will provide 200 gigawatts out of 300 gigawatts of additional power to be commissioned this year

31.01.2024 Electricity General

Oil prices gain as Middle East tension poses supply risks

- Following Middle East tensions over weekend, which included drone attack on US soldiers in northeast Jordan, both oil benchmarks surge by more than $1 on Monday

30.01.2024 Oil Stock Market

Global economic conflicts intensify on rare earth elements

- Along with military wars, global markets threatened by economic wars following China's ban on rare earths

05.01.2024 Energy Diplomacy

Nuclear reactor in Japan shuts days after restart since 2011

Bulgaria signs contract with US company to boost its nuclear energy capacity

Iran submits protest note to IAEA over Israeli threats to nuclear sites

Japan's oldest nuclear reactor approved to operate beyond 50 years

Türkiye's daily power consumption down 1.8% on April 26

Türkiye's daily power consumption up 16.7% on May 22

Türkiye's daily power consumption increases 1.2% on May 10

Spot market electricity prices for Saturday, April 15

Türkiye's daily power consumption down 5.36% on Nov. 2

Türkiye's daily power consumption up 12.8% on Oct. 30

Russian deputy energy minister held as probe into coal mine contracts expands

Türkiye's daily power consumption up 3.88% on Oct. 22

Global natural gas investments to reach almost $9 trillion by 2050

Spot market natural gas prices for Thursday, Jan. 5

Turkish president announces more gas reserves found in Black Sea

Spot market natural gas prices for Friday, Nov. 18

Costs double as oil and gas discoveries decline in global markets

Global gas production to increase by around 32% by 2050

Spot market natural gas prices for Friday, Dec. 29

Türkiye to increase capacity of gas storage facility in Istanbul to 5.6 bcm, says energy minister

TotalEnergies and China's Sinopec sign multiyear LNG supply agreement

Türkiye's LPG production down 14.2% in August

Algerian LNG vessel to arrive in Türkiye on Oct 19

Algerian LNG vessel to arrive in Türkiye on Oct. 10

Oil production in Türkiye's eastern region breaks first record in 2024

Oil up in w/e Dec. 15 on demand optimism, central bank interest rate decisions

US crude oil inventories down 1% for week ending Dec. 8

US oil rig count up for week ending Dec. 8

US oil rig count down by 6 for week ending June 28

Oil dives as weak US inflation data dashes hopes for interest rate cuts

Oil rebounds over US plans to refill emergency stockpiles

US crude oil inventories down 1% for week ending Dec. 1

Oil prices up on expectations of supply delay from OPEC+, recession fears in US

Oil prices rise in week ending Aug.30 amid falling US inventories

US oil rig count down by 2 for week ending Aug 16

Türkiye's oil imports up 11.08% in February 2024

Global renewables jobs reach 16.2 million in 2023 with highest yearly rise

Wind, solar overtake EU fossil fuels in 1H24, Ember reports

Western Balkans can leapfrog gas for solar, wind for energy transition: Report

Türkiye breaks record in daily electricity production from wind on June 29

QatarEnergy, TotalEnergies partner for 1.25GW solar project in Iraq

Global renewables jobs reach 16.2 million in 2023 with highest yearly rise

UK bank provides €249 million to support Turkish Kalyon Enerji's solar project

Wind, solar overtake EU fossil fuels in 1H24, Ember reports

TotalEnergies expands renewables portfolio with hydropower deals across Africa

Türkiye leads Europe with highest rise in hydropower capacity last year

Hydro provides majority of Norway's power in January

$41bn to be invested in green hydrogen and renewable energy in Egypt over 10 years

Climate crisis to push 150M more Africans into poverty by 2050, experts warn

Taiwan starts drilling of 1st deep geothermal well

Türkiye sets new record for daily power consumption with 1.34% increase on July 9

Türkiye requires new investments for development of geothermal sector

Climate Investment Funds grant $70 million to accelerate Türkiye's renewable energy integration

International Finance Corporation provides major investment package for Türkiye

TotalEnergies' 3rd-quarter income drops sharply

Shell beats market expectations with $6 billion profit in 3Q24

Spot market natural gas prices for Friday, Oct. 25

OPEC+ agrees to extend group-wide output cuts into 2025

Libya Energy & Economic Summit 2024 to kick off in Tripoli

OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

Spot market electricity prices for Sunday, Dec. 3

ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

Spot market electricity prices for Thursday, June 8

High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

Spot market natural gas prices for Friday, Dec. 1

Turkey's daily power consumption down 0.77% on Oct. 23

Russian Lukoil starts Chashkino gas-turbine power plant

Gazprom posts 26% loss in 1H20

Climate Investment Funds grant $70 million to accelerate Türkiye's renewable energy integration

Vitol to invest $550 million in clean cooking technologies in Africa

Türkiye's daily power consumption down 1.8% on April 26

Türkiye to apply anti-dumping measures on solar panel imports from 5 countries

Türkiye's LPG production down 25% in April 2024

Türkiye's LPG production up 15% in December 2023

Türkiye's LPG production up 6.69% in November 2023

Türkiye's LPG production down 6.3% in October

Israel continues "unlawful" approach to Palestinian natural resources

EU adopts 14th package of Russia sanctions

Suez Canal revenue drops 50% amid Red Sea tensions: Egyptian President